The economic foundation of friendship between the peoples of Nigeria and the United States
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Two potentially contradictory sets of interests may shape future economic relations between Nigeria and the United States: On the one hand, U.S. transnational corporations have, in the last two decades, discovered in Nigeria a primary source of the vital raw material, oil, as well as a growing market for their manufactured goods. On the other hand, the peoples of both the U.S. and Nigeria, if Nigeria successfully achieves balanced, integrated industrial-agricultural development, could benefit from the resulting stimulus to expanded trade, growing employment and higher living standards. This paper will briefly examine the nature and implications of these two different, at times conflicting, sets of interests.